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...The company chaired by former UK chancellor Lord Philip Hammond stores digital assets for customers. Here’s more about the event....
...The country’s official manufacturing purchasing managers’ index slowed to 49.1 in February from 49.2 in January. A figure below 50 suggestions contraction in the sector....
...Company results: Target, Ross Stores and Nordstrom will give further insight into how consumer spending has fared in recent months when they release earnings....
...Here’s what fund managers are saying about the asset class....
...Hedge funds: Big-name managers such as Citadel and Millennium outpaced rivals in the world’s hottest hedge fund strategy last year. 4....
...Signet Jewelers, discount store Five Below, pet retailer Chewy, homebuilder KB Home and chipmaker Micron also report results today....
...“The market for perceived discounts remains strong,” said Greg Portell, a lead partner at the consultancy Kearney....
...Update: I wrote an entire sequel to The Everything Store, called Amazon Unbound; Jeff Bezos and the Invention of a Global Empire....
...The fund manager has told investors it will wind down the Blackstone Diversified Multi-Strategy fund by the end of the year, it told the FT. 5....
...Results: Home Depot is expected to report a drop in quarterly same-store sales as home improvement demand continues to slide amid high inflation. Five more top stories 1....
...BlackRock was sued yesterday by the US state of Tennessee, which accused the $9.1tn New York-based asset manager of violating consumer protection laws by misusing environmental, social and governance factors...
...’ index (PMI) data Japan: Chain Stores Association March supermarket sales UK: ONS March public sector finances and Kantar grocery market share data US: new home sales Results: Akzo Nobel Q1, Alliance...
...David CohenPartner Reed Smith David Cohen leads the firm’s global records and electronic discovery team....
...The number of paying subscribers for services including iCloud, Apple Music and the App Store crossed 1bn for the first time and sales reached a record high of $21.2bn....
...At the gun store in Holon, a group inside watched safety videos while a harried clerk rang up sales for new Smith & Wesson handguns, having run out of the perennial favourite: the 9mm Glock nicknamed “Masada...
...Going to the grocery store is a mortgage.” A colleague also on strike shared the same sentiment....
...That means potentially heavy losses for banks, insurers, pension funds and asset managers that own trillions of dollars of sovereign and corporate debt after loading up in recent years....
...The new app, called Threads, is “expected July 6”, according to a listing on the Apple App Store....
...The bill, signed by state governor Greg Gianforte yesterday, takes effect in January....
...Following the recent collapse of the Wilko general store chain, discount retailer B&M will acquire some of its stores out of administration....
...Many are international fund managers, with the claims being organised by law firms Quinn Emanuel and Pallas....
...As fund managers, we felt that if anyone could lead this change it was him. As for the plan, cost cuts help. M&S closed unprofitable stores....
...Terry Smith, the founder of Fundsmith who is considered one of the UK’s best-known fund managers, was paid £31mn last year, despite his biggest fund underperforming its benchmark for much of the past three...
...Results: Discount retailers Kohl’s and Dollar Tree report earnings as well as fashion stores Abercrombie & Fitch and American Eagle Outfitters....
...UK: S&P Global February construction PMI data US: Federal Reserve Beige Book Results: AIB Group FY, Breedon FY, Brown-Forman Q3, Campbell Soup Company Q2, Capita FY, CLS Holdings FY, ConvaTec FY, DS Smith...
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